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ALPS ETF Trust - ALPS Active Equity Opportunity ETF is an exchange traded fund launched and managed by ALPS Advisors, Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It seeks to benchmark the performance of its portfolio against the S&P Composite 1500 Index. ALPS ETF Trust - ALPS Active Equity Opportunity ETF was formed on June 5, 2016 and is domiciled in the United States.